Coffee Prices Rise Strongly
On Cool-Weather Reports

Brazil is the world's largest coffee producer, and the market has been sensitive to the risk of cold-weather damage since frosts in 1994 that crippled its production by 40%. The "frost season" runs from June through August. The nearby coffee contract at the CSCE, a division of the New York Board of Trade, gained 4.85 cents to 98.6 cents a pound.